Have you been reading about the huge security holes in Facebook quiz applications? I learned about those here on HN.

http://www.lightbluetouchpaper.org/2009/06/09/how-privacy-fa...

http://blog.aclu.org/2009/06/11/quiz-what-do-facebook-quizze...

I'm increasingly annoyed by Facebook's flailing about with its business model, and also annoyed by the large number of network errors I've seen on it in the last forty-eight hours.

I don't see Facebook's going public as a bad thing, as long as it's not a mandatory change. Their feed system certainly works publicly: It's much more involved than Twitter, and it supports a lot of things people would use other sites for. I use it instead of Flickr for public photos. I'm thinking of switching my Vimeo videos over so I can close my Vimeo account and run most of my online activities from one place. I like writing private friend-based notes, but if I didn't then Facebook notes would make for an attractively minimal solution.

Facebook's been gradually simplifying itself. I don't see how it's dumbing down when they've been adding features rather than taking them away. The new live feed is incredible, for instance.